Posted on 06/16/2022 5:14:31 PM PDT by ChicagoConservative27
During an interview aired on Thursday’s broadcast of the Fox Business Network’s “Kudlow,” House Minority Leader Rep. Kevin McCarthy (R-CA) stated that he believes “we’re in a recession.”
McCarthy said, “I actually believe personally that we’re in a recession. Remember, the definition is two consecutive quarters where you went down. Salaries cannot keep up with this inflation. We’ve watched it continue to grow. We watched with just the numbers [that] came back last week. What can we do if we change the course? Well, if you join with us and we have a new majority in this House, the first thing we’ll tackle is make america energy independent again. That lowers the price of gasoline. It also lowers the price of everything you do. Because of the shipment of it and others. It keeps more money within your pocket. The other thing we’ll tackle is sound fiscal policy. We’ve watched this runaway spending by the Democrats, spending that other $2 trillion. And it wasn’t just you and I warning the Biden administration, even Larry Summers said if you do this you’ll get inflation. … And you will no longer have the fear of this Build Back Better, of raising of taxes.”
(Excerpt) Read more at breitbart.com ...
Kev has a keen sense of the obvious.
of course we are in a recession, and everytime someone remembers Creepy Uncle Joe is still president they slip into a Depression!
Right! He is Captain obvious! 😅
Well . . . one of the causes oughta know.
X-actly!
The man is a genius. We’re so lucky to have leadership like that.
I believe you’re a little late on the uptake Kevin. You voted for this a$$hole. Go crawl back in your hole.
Imagine the inflation we’ll get if Manchin and Sinema didn’t reject BBB bill. We’ll be like Argentina right now.
Only one solution-Raise taxes!(/Dem idiots)
How the heck do we rid our party of this loser?
Leader? After a luntz poll?
Somebody has to say it. Biden and the Democrats and the mass media and the economists don’t want to say so. If this is handled badly we will be a depression.
As my old NAVY Chief would say, “No shyt.”
I’m sure he believes, like Biden, that this recession is trumps fault. Is Covid‘s fault. Is Russia’s fault.
This recession, the double digit inflation rates, the doubling of gas prices, the supply chain shortages, and all the other crises America is facing right now? That couldn’t be Biden‘s fault could it? Naah.
really? wut was yer first clue???
He believes. Okay.
How about the standard definition of a recession.
Hey Kev, “No $hit, Sherlock!”
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